CFCM Practice Test Questions and Answers 100% Correct(GRADED A+)

With respect to proposal evaluations, solicitations for simplified acquisitions are: - ANSWER-not required to state the relative importance of each evaluation factor and subfactor. Performance-based acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance. - ANSWER-Incentives _______________ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor's personnel. - ANSWER-Personal When deciding how to measure and manage performance, the contracting officer (CO) should consider all of the following, EXCEPT: - ANSWER-Vendor satisfaction Which response best describes a letter contract? - ANSWER-Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately. Performance-based contracts - ANSWER-use measurable performance standards and quality assurance surveillance plans. Which of the following is NOT a reason to contract for Advisory and Assistance services? - ANSWER-Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Options for increased quantities of supplies/services may NOT be expressed in terms of - ANSWER-a range of quantities for various line items Solicitations for commercial items shall require offerors to offer the Government - ANSWER-the same warranty terms offered to the general public. Who is generally responsible for determining a subcontractor's responsibility? - ANSWER-The prime contractor When the time of delivery or timely performance is so important that the Government may reasonably expect to suffer damage if the delivery or performance is delinquent; and the extent or amount of such damage would be difficult or impossible to estimate accurately or prove, then what type of assessment may occur? - ANSWER-Liquidated damages.